DUBLIN, Nov. 23, 2023 /PRNewswire/ — The “India Ready Mix Concrete Market Competition, Forecast and Opportunities, 2028” report has been added to ResearchAndMarkets.com’s offering.
India‘;s Ready Mix Concreate Market is projected to reach a value of $21.18 billion by 2028 from $13.2 billion in 2022, growing at a CAGR of 8.2%
India has an unprecedented demand for infrastructure. In an effort to hasten the development of India’s infrastructure, the government has granted Real Estate Investment Trust (REIT) authorization to assist investors in entering the real estate market there.
As a result, during the next several years, the Indian market presents an opportunity of USD 19.65 billion. Through the Global Housing Technologies Challenge, the government hopes to update the construction industry’s technology.
The nation has allocated USD29.2 billion for the Smart-Communities initiative, which aims to create world-class, sustainable communities. With investments of USD16.5 billion, 75% of the projects were finished by June 2020. The national government has allotted USD16.5 million for the HRIDAY initiative, which promotes the growth of historic cities.
AMRUT and Pradhan Mantri Awas Yojana, a national housing program (PMAY), among other government initiatives, are anticipated to have a significant positive impact on the infrastructure and construction sectors. In many respects, this would increase demand for ready-mix concrete in the upcoming years.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India Ready Mix Concrete Market.
- Ultra Tech Cement Limited
- ACC Limited
- Nuvoco Vistas Corp. Ltd
- RDC Concrete(India) Pvt. Ltd
- Ijm Concrete Products Private Limited
- Prism Johnson Limited
- The India Cements Limited
- The Ramco Cement Limited
- Adani Group
- JK Lakshmi Cement Ltd
Report Scope:
India Ready Mix Concrete Market, By Production Site:
- On Site
- Off Site
India Ready Mix Concrete Market, By Product Type:
- Transit Mixed Concrete
- Central Mix Concrete
- Shrink Mixed Concrete
India Ready Mix Concrete Market, By Application:
- Commercial
- Residential
- Infrastructure
- Industrial
India Ready Mix Concrete Rental Market, By Region:
- North India
- South India
- West India
- East India
For more information about this report visit https://www.researchandmarkets.com/r/f8bupf
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